This was communicated by the Securities & Exchange Board of India (Sebi) to custodians of offshore funds, two persons aware of the regulatory changes told ET. Custodians are banks and non-bank institutions holding cash and securities on behalf of FPIs.
Microfinance recovery, auto loan growth support AU Small Finance outlook: Parag Thakkar
Investors are now prioritizing profitability and competitive advantages in India’s digital sector, moving beyond just tech-enabled listings. Parag Thakkar highlights Lenskart for its profitability and